The nation’s new home builders started the New Year off on the right foot as new home sales posted a double-digit increase over December according to the latest housing data released by the Census Bureau.

Monthly sales of new single-family homes increased 15.6 percent in January to a seasonally adjusted rate of 437,000, up from a revised sales rate of 378,000 in December. On an unadjusted basis, new home sales increased 14.8 percent from the previous month.

The seasonally adjusted rate of sales in January was 28.9 percent higher than the estimated sales rate of 339,000 units in January of 2012. Sales were also 34.8 percent higher than in January of last year on an unadjusted basis.

The median sales price of the new homes sold in January was $226,400, which was down from a revised $249,800 in December. The average sales price for a new home in January was $286,300, down from a revised $301,500 in December.

Seventy-one percent of the new single-family homes sold in January were under $300,000, up from 58 percent in December.

In January of last year, the median sales price of a new home was 2.1 percent lower at $221,700, while the average sales price was 7.2 percent lower at $265,700.

All four of the national regions posted increases in seasonally adjusted monthly sales led by a 45.3 percent gain in the West, followed by a gain of 27.6 percent in the Northeast.

The Midwest reported tan increase of 11.1 percent while the South posted the smallest increase in sales of 3.2 percent.

Compared to a year ago, all four of the regions also showed improvement with the West posting the largest increase of 60.3 percent followed by the Northeast at 54.2 percent.

The South and the Midwest posted more modest increases of 16.6 and 13.6 perent, respectively.

Inventory of new single-family homes increased slightly to a seasonally adjusted 150,000 homes available for sale, which translates into a 4.9 months supply of inventory, down from a revised 5.6 months supply the previous month.

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.

HOWMORTGAGELOANRATEUPDATEWORKS

Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.

ADVANTAGES OF USINGMORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

The nation’s new home builders started the New Year off on the right foot as new home sales posted a double-digit increase over December according to the latest housing data released by the Census Bureau.

Monthly sales of new single-family homes increased 15.6 percent in January to a seasonally adjusted rate of 437,000, up from a revised sales rate of 378,000 in December. On an unadjusted basis, new home sales increased 14.8 percent from the previous month.

The seasonally adjusted rate of sales in January was 28.9 percent higher than the estimated sales rate of 339,000 units in January of 2012. Sales were also 34.8 percent higher than in January of last year on an unadjusted basis.

The median sales price of the new homes sold in January was $226,400, which was down from a revised $249,800 in December. The average sales price for a new home in January was $286,300, down from a revised $301,500 in December.

Seventy-one percent of the new single-family homes sold in January were under $300,000, up from 58 percent in December.

In January of last year, the median sales price of a new home was 2.1 percent lower at $221,700, while the average sales price was 7.2 percent lower at $265,700.

All four of the national regions posted increases in seasonally adjusted monthly sales led by a 45.3 percent gain in the West, followed by a gain of 27.6 percent in the Northeast.

The Midwest reported tan increase of 11.1 percent while the South posted the smallest increase in sales of 3.2 percent.

Compared to a year ago, all four of the regions also showed improvement with the West posting the largest increase of 60.3 percent followed by the Northeast at 54.2 percent.

The South and the Midwest posted more modest increases of 16.6 and 13.6 perent, respectively.

Inventory of new single-family homes increased slightly to a seasonally adjusted 150,000 homes available for sale, which translates into a 4.9 months supply of inventory, down from a revised 5.6 months supply the previous month.

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.

HOWMORTGAGELOANRATEUPDATEWORKS

Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.

ADVANTAGES OF USINGMORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

The nation’s new home builders started the New Year off on the right foot as new home sales posted a double-digit increase over December according to the latest housing data released by the Census Bureau.

Monthly sales of new single-family homes increased 15.6 percent in January to a seasonally adjusted rate of 437,000, up from a revised sales rate of 378,000 in December. On an unadjusted basis, new home sales increased 14.8 percent from the previous month.

The seasonally adjusted rate of sales in January was 28.9 percent higher than the estimated sales rate of 339,000 units in January of 2012. Sales were also 34.8 percent higher than in January of last year on an unadjusted basis.

The median sales price of the new homes sold in January was $226,400, which was down from a revised $249,800 in December. The average sales price for a new home in January was $286,300, down from a revised $301,500 in December.

Seventy-one percent of the new single-family homes sold in January were under $300,000, up from 58 percent in December.

In January of last year, the median sales price of a new home was 2.1 percent lower at $221,700, while the average sales price was 7.2 percent lower at $265,700.

All four of the national regions posted increases in seasonally adjusted monthly sales led by a 45.3 percent gain in the West, followed by a gain of 27.6 percent in the Northeast.

The Midwest reported tan increase of 11.1 percent while the South posted the smallest increase in sales of 3.2 percent.

Compared to a year ago, all four of the regions also showed improvement with the West posting the largest increase of 60.3 percent followed by the Northeast at 54.2 percent.

The South and the Midwest posted more modest increases of 16.6 and 13.6 perent, respectively.

Inventory of new single-family homes increased slightly to a seasonally adjusted 150,000 homes available for sale, which translates into a 4.9 months supply of inventory, down from a revised 5.6 months supply the previous month.

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.

ADVANTAGES OF USINGMORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDITCHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

MortgageLoanRateUpdate

MortgageLoanRateUpdate is an independent marketing leads generator. We are not a mortgage broker or lender. MortgageLoanRateUpdate is an advertising supported publisher and mortgage loan rate comparison service that is compensated by third party affiliates for the information you provide to us through the featured placement of sponsored products and services or by clicking on links posted on this website. Not all companies or products are represented through this website. Usage of this site is only available to persons in the continental United States, Alaska and Hawaii.

Copyright 2010 - 2017 MortgageLoanRateUpdate.com | All Rights ReservedThe information contained in this website is for general information purposes only. We make no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products, or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk.